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Dec 19, 2012
12/12
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so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but t
so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if...
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Dec 18, 2012
12/12
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CNBC
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europe appears to be moving in the right direction as is china so the fundamentals are moving in the right direction, but the truth is if washington messes this up, we could go into recession the first part of next year, so that's what's keeping the cautious one on equities. ultimately i think we will finish higher for 2013, but we've got -- we've got to get past this fiscal cliff, because if we don't we go into recession, and i will go underweight stocks. >> all right. we will leave it there. gentlemen and liz ann seaners, good to have you on the program. appreciate it. >> thank you. >> thanks so much. sticking with the market and the economy, ceo co-founder ken langone. >> thank you. merry christmas. >> the co-founder of home depot, a financier, a guy who has his finger on the pulse of global business. that's why we wanted to have you for the whole hour. >> very nice. >> thank you and merry christmas to you as well. what's your take? just got the numbers from okay. here we are, every day worry after worry after worry on this fiscal cliff issue, and we see the numbers from the corpo
europe appears to be moving in the right direction as is china so the fundamentals are moving in the right direction, but the truth is if washington messes this up, we could go into recession the first part of next year, so that's what's keeping the cautious one on equities. ultimately i think we will finish higher for 2013, but we've got -- we've got to get past this fiscal cliff, because if we don't we go into recession, and i will go underweight stocks. >> all right. we will leave it...
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Dec 21, 2012
12/12
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CNBC
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china ma and japan. and i think you can start to nibble a little on china and japan, as well. >> michael, is there an argument to be made that you don't want to touch stocks right now until you have some clarity on this fiscal cliff? just in case we see a big sell-off? >> there is, but i'll argue, too, that you're talking about $600 billion being sucked out of the economy next year. the s&p made $20 trillion. while we are looking at the fiscal cliff countdown, there is another countdown to new all-year highs when the dow is close to the prior peak around 600% from here. investors should be looking overseas. you want to look where there is no fiscal cliff equivalent, primarily in emerging markets. but nonpartisan analysts have pointed out that if we go over the cliff and take that $600 billion with it, we go back to recession. how do you justify going into stocks and going into all-time highs if we go back to recession? >> that assumes all else being equal, the problem is you look at europe, it's recoveri
china ma and japan. and i think you can start to nibble a little on china and japan, as well. >> michael, is there an argument to be made that you don't want to touch stocks right now until you have some clarity on this fiscal cliff? just in case we see a big sell-off? >> there is, but i'll argue, too, that you're talking about $600 billion being sucked out of the economy next year. the s&p made $20 trillion. while we are looking at the fiscal cliff countdown, there is another...
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Dec 20, 2012
12/12
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CNBC
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china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> michelle krk you tell me why buicks are so popular in china? >> it has a long history of strong image there. >> they're buicks. >> gm went in early. well, it's got a different image there. >> even tiger finally said i can't sell these things. >> any, appreciate it, michelle. thanks for trying to give me a straight answer. i'm sitting in the same chair i sit at in the morning. the big report on what happened in benghazi came out late last night and it seemed to go to great luns. >> they were mid level, right? >> yrks joe, they took the fall. from my information, i want to emphasize bend has been ongoing information. this state did and right now the people leaving the state department are victims of the government's need to cover up the larger story, that the security at the benghazi mission and it was a with the cia was about recruiting, arming, funding and transferring artists to
china. china is huge for them and southeast asia. they're growing around the world. doesn't mean clear sailing. but it's a much healthier company than it was when it went into bankruptcy. >> michelle krk you tell me why buicks are so popular in china? >> it has a long history of strong image there. >> they're buicks. >> gm went in early. well, it's got a different image there. >> even tiger finally said i can't sell these things. >> any, appreciate it,...
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Dec 14, 2012
12/12
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KPIX
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a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained more than half a percent. tock owe's nikkei shed a fraction. concerned about washington's fiscal talks pushed wall street stocks lower. the dow finished down 74 points on thursday. the nasdaq lost 21 points. >>> swiss bank ubs is said to be in talks to pay a $1 billion fine to settle allegations of rigging a key interest rate benchmark. ubs is accused of manipulating the libor to boost trading profits. the rate affects trillions of dollars and loans including mortgage rates. barclays paid a $450 million fine to settle similar allegations last june. >>> consumers are spending more, but the results are mixed for retailers. the commerce department said on thursday that retail sales increased 0.3 in the month of november from the month before. the increase is due in part to hurricane rebuilding in the northeast. the report says online shopping surged, but department store sales declined. >>> in new york, raising your arm in the middle of the street and yelling
a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained more than half a percent. tock owe's nikkei shed a fraction. concerned about washington's fiscal talks pushed wall street stocks lower. the dow finished down 74 points on thursday. the nasdaq lost 21 points. >>> swiss bank ubs is said to be in talks to pay a $1 billion fine to settle allegations of rigging a key interest rate benchmark. ubs is accused of manipulating the...
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Dec 10, 2012
12/12
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WJLA
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china's contractors have seen strong growth for european and latin american governments. the international contract association claims growth may slow in 2013 as the economy's deterioration in these countries. the american society of civil engineers recently released a study pointing out the dangers of the government under funds be needed infrastructure improvement in our air land, and see. no doubt this will be a topic at the upcoming government conference in which i am a part of. the storie ♪ ♪ [ male announcer ] the machines are on the move. they're curious. because they've heard that there are new machines -- brilliant ones -- and they're coming to see for themselves. machines with the technology, the scale and the ability to communicate to make the world work better. and now all the machines want in. ♪ ♪ >> e degrees at reagan national. we have fog that will stick around in the morning hours -- a record 71 back in 1991. the weatherbug network is 49 degrees in alexandria. a 10th of an inch of rain earlier in the day. here in the district, looking at 44 degrees
china's contractors have seen strong growth for european and latin american governments. the international contract association claims growth may slow in 2013 as the economy's deterioration in these countries. the american society of civil engineers recently released a study pointing out the dangers of the government under funds be needed infrastructure improvement in our air land, and see. no doubt this will be a topic at the upcoming government conference in which i am a part of. the storie...
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Dec 17, 2012
12/12
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CNBC
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still sold iphones in china eye poen is 51% of apple's total revenue. you cannot understate or overstate the importance of that. >> the best first week of sales ever. >> if you weren't seeing the hobbit, you were buying an iphone. or beth. a both /* both. you were tweeting about the hobbit on your new iphone. >> john the day john forte has been salivating about for hours. the end of january, here in new york city. stock, look at the recent run, by the way. up more than 50% in about 30 trading days. led us to ask the question, is everything fine? >> that's a u shaped recovery. look that. a perfect u. >> it spp what do you say, john? is research in motion back, baby? >> no, not yet. >> i tried. >> i know. it doesn't take much to make me salivate today because all i've had to eat is a protein bar. blackberry 10 is exciting. but we still don't know exactly what is coming there yet. couple things. for the quarter report willing tomorrow, revenues are about half. if they meet expectations, or if they meet a little, they are expecting an eps loss of 35%. secon
still sold iphones in china eye poen is 51% of apple's total revenue. you cannot understate or overstate the importance of that. >> the best first week of sales ever. >> if you weren't seeing the hobbit, you were buying an iphone. or beth. a both /* both. you were tweeting about the hobbit on your new iphone. >> john the day john forte has been salivating about for hours. the end of january, here in new york city. stock, look at the recent run, by the way. up more than 50% in...
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Dec 13, 2012
12/12
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FBC
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china doesn't just get access to the canadian oil fields. the chinese get direct access to choose reserves in our own back yard in the gulf of mexico. it still needs approval from washington, but the chinese will control a major north american oil company. lou dobbs is with us now. i cannot imagine that you think this is a good idea. lou: is a terrible idea if it's not altered. as you know, the oil and the immense reserves, it will likely begin doing so over the years ahead. it is a big deal for the chinese. they also have control just about 116 million barrels of oil in the gulf of mexico, primarily fields off the coast of louisiana. those are under u.s. jurisdiction. the trick here is the chinese offshore oil company, the chinese national offshore oil company, they have run into this before. it was back in 2005 when they tried, as you probably recall, they ran into all sorts of issues due to better than other technology and resources held and it was locked. this time, i think it is -- it is very important that significant authorizations ar
china doesn't just get access to the canadian oil fields. the chinese get direct access to choose reserves in our own back yard in the gulf of mexico. it still needs approval from washington, but the chinese will control a major north american oil company. lou dobbs is with us now. i cannot imagine that you think this is a good idea. lou: is a terrible idea if it's not altered. as you know, the oil and the immense reserves, it will likely begin doing so over the years ahead. it is a big deal...
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Dec 26, 2012
12/12
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you could do it, if you lived in china. once again, america's proof we are falling behind in infrastructure. thanks for watching "street signs." i'll send it to "closing bell." >> and hello again, everybody. welcome to the "closing bell." i'm mandy drury sitting in for maria bartiromo. happy boxing day as well. >> christmas is over but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, frac
you could do it, if you lived in china. once again, america's proof we are falling behind in infrastructure. thanks for watching "street signs." i'll send it to "closing bell." >> and hello again, everybody. welcome to the "closing bell." i'm mandy drury sitting in for maria bartiromo. happy boxing day as well. >> christmas is over but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still...
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Dec 12, 2012
12/12
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FBC
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here to explain what china wants is the author of the coming collapse of china. i'm glad your year because this sounds really scary. you worried about this? aig, 4 billion. that is the biggest chinese takeover thus far. u worry that this is going to be a trend? >> it's certainly going to be. what's happening in china is that enterprises don't have the opportunities there because their problems and the chinese economy right now it's a pretty serious. these enterprises are going around the world buying assets because the returns are a lot better. so a lot of this activity does not concern me, but some of it does because you see in certain acquisitions like a one to three systems, the battery maker, the canadian oil sands producer. they're looking for technology. and some of this technology has defense applications, like this battery maker they're buying this stuff up. that is something we have to be concerned about and should stop. tracy: do you worry -- we ha an election. there are new people leading. you worry that the new leaders will make this even worse? >> th
here to explain what china wants is the author of the coming collapse of china. i'm glad your year because this sounds really scary. you worried about this? aig, 4 billion. that is the biggest chinese takeover thus far. u worry that this is going to be a trend? >> it's certainly going to be. what's happening in china is that enterprises don't have the opportunities there because their problems and the chinese economy right now it's a pretty serious. these enterprises are going around the...
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Dec 12, 2012
12/12
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MSNBCW
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even china, the north's closest ally, says it regrets the launch and is urging north korea to put a stop to its missile program. japan says the launch is unacceptable. norad says it appeared to have put a satellite into orbit which would be a huge breakthrough for the north koreans. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? and also to build my career. so i'm not about to always let my frequent bladder urges, or the worry my pipes might leak get in the way of my busy lifestyle. that's why i take care, with vesicare. once-daily vesicare can help control your bladder muscle and is proven to treat overactive bladder with symptoms of frequent urges and leaks day and night. if you have certain stomach or glaucoma problems, or trouble empty
even china, the north's closest ally, says it regrets the launch and is urging north korea to put a stop to its missile program. japan says the launch is unacceptable. norad says it appeared to have put a satellite into orbit which would be a huge breakthrough for the north koreans. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer...
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Dec 5, 2012
12/12
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CSPAN
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if they understood that the highway fund is running a deficit, and having to borrow from china to fix the roads, it is something they would be concerned about. >> i accept the point that any tax increase has become problematical, but the gas tax i would add in along with medicare and social security, no one is fighting to decrease the gas tax. there's no protest outside of gas stations, because it is accepted at that kind of a level, whereas there's plenty of interest in cutting all kinds of other taxes. as an elected official, i think these things which are tied specifically to benefits that people can see and can grab onto, are much easier to do, and that there is some opportunity in this debate to do that. >> can i make a quick point, based on research, which is are people willing to pay higher taxes to reduce the deficit? it turns out that overall people are with one are if they feel certain it will go to reduce the deficit. there is a little trust that revenues that go to washington will be used there instead of new spending or broken spending programs. the lessons we look from t
if they understood that the highway fund is running a deficit, and having to borrow from china to fix the roads, it is something they would be concerned about. >> i accept the point that any tax increase has become problematical, but the gas tax i would add in along with medicare and social security, no one is fighting to decrease the gas tax. there's no protest outside of gas stations, because it is accepted at that kind of a level, whereas there's plenty of interest in cutting all kinds...
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Dec 11, 2012
12/12
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FBC
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>> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you believe is really happening there? >> well, we think there's a domestic rebound coming -- lizly -- liz: china -- >> recovery under way, off of what? 7% gdp growth, but up 9% next year. liz: and a growing middle class likes to travel. >> 250 million people entering middle class in china. liz: almost as many people in the u.s.. good to see you. >> good to see you. liz: closing bell ringing in six minutes, up 80 points for the dow, lots of green on the dow, we're coming right back, don't noaf of move. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low
>> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you believe is really happening there? >>...
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Dec 16, 2012
12/12
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KRCB
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once in china and japan and all these countries start making stuff cheaper, it is problem for unions, and that is just a reality. >> it is also reality that some of that manufacturing is coming back, and not because of low wages. because of transportation costs, innovation, all kinds of things. what bothers me about this vote is that it was ught and paid for by a few wealthy people. the leader of the senate, the governor, both on record not want to do this initially . they did it turn around. and lost five seats and the legislature. >> you can look for all the conspiracy's you want. the fact is that michigan was adjusting to exactly the reality that evan isalking about, globalization. i think was glory days for the unions 94 is, 1950's, 1960's, when the rest of the world was devastated by the second world war, we had a monopoly and, yes, great benefits to it the problem is that when you have global competition, you are uncompetitive. detroit went bankrupt but the southern transplants did not. here is the tragic choice. in the right to work states, wages are 10% lower. unploynt is also
once in china and japan and all these countries start making stuff cheaper, it is problem for unions, and that is just a reality. >> it is also reality that some of that manufacturing is coming back, and not because of low wages. because of transportation costs, innovation, all kinds of things. what bothers me about this vote is that it was ught and paid for by a few wealthy people. the leader of the senate, the governor, both on record not want to do this initially . they did it turn...
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Dec 25, 2012
12/12
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KTVU
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. >>> overnight in asia, china shanghai composite was the big winner and put them in positive territory for the first time since mid-summer. traders returned to work from a three day celebration. >> they all finished down and closed for christmas and the last few days where the money worked out. it led stores to look to boost their bottom line. they will account for annual sales and some even 50% of their sales for the holidays. >>> they were forced to spend two nights in the cold and were happy at the moment they saw their rescuers. we will tell you how they made it out alive. >>> big plans are in the works for angel island, we will tell you how they attracted new visitors. . >>> welcome back to the ktvu channel 2 morning news. that is not snow, it is sand. many people in australia are spending their time at the beach. it is around the 70s and it has not stopped people from coming out in their beachwear. >>> and some people came early to say some personal prayers, others came to light candles, one woman proud 17 members of her family to remember what the holidays are about. >> it is no
. >>> overnight in asia, china shanghai composite was the big winner and put them in positive territory for the first time since mid-summer. traders returned to work from a three day celebration. >> they all finished down and closed for christmas and the last few days where the money worked out. it led stores to look to boost their bottom line. they will account for annual sales and some even 50% of their sales for the holidays. >>> they were forced to spend two nights...
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what we want to see is if we are going to spend this money, borrow it from china or our kids, we need to make sure that we are getting our money's worth and it is supporting what we intended it to. which is to increase security of our most humble cities. charles: senator coburn, where does the buck stop on this kind of stuff? these guys have a lot of this money. they can do things like this. is there any specific person who has ever been held accountable for this? >> the people you should hold accountable is not the agency. we are allowing the agency to do this. we see waste and stupidity. the fact that we don't have a metric to measure, and we don't know how the money is spent, there are no follow-ups, it just shows the competency of the agency, but also the competency of washington in terms of doing what they're supposed to be doing. charles: on that note, we are talking about the fiscal cliff. earlier today, president obama brought the debt ceiling debate, or would be debate into the picture. it feels like a lot of the work that you do -- people say okay, we spent 100 grand on this
what we want to see is if we are going to spend this money, borrow it from china or our kids, we need to make sure that we are getting our money's worth and it is supporting what we intended it to. which is to increase security of our most humble cities. charles: senator coburn, where does the buck stop on this kind of stuff? these guys have a lot of this money. they can do things like this. is there any specific person who has ever been held accountable for this? >> the people you should...
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Dec 31, 2012
12/12
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CNNW
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. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty downpayment. >> number two. >> cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. about spending and cutting. about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics a
. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well...
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Dec 24, 2012
12/12
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FBC
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david: it is time to go off the desk and over to china for a huge holiday pillow fight. they blew off some steam with a pillow fight. they had the names of bosses and professors on
david: it is time to go off the desk and over to china for a huge holiday pillow fight. they blew off some steam with a pillow fight. they had the names of bosses and professors on
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Dec 22, 2012
12/12
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MSNBCW
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romney said jeep was shipping over to china and the one from super pac that seemed to blaine mitt romney. enter rick santorum. >> you than nay shah in the netherlan netherlands, but half the people who are euthanized, it's 10%. half of those people are euthanized involuntarily in hospitals because they're older and sick. and so elderly people in the netherlands don't go to hospital. they go to another country because they're afraid because of budget purposes that they will not come out of that hospital. >> don't go trying to track down statistics about involuntary you than nay shah in the never lands. now to mitt romney romney, that he hasn't paid taxes in 10 years. >> now reid said he got his information from a former bane reinvestor. he was awarded the maximum number of pinocchios. also u.n. ambassador susan rice has come to a point where circumstances led her to be taken out of the opening for secretary of state. her opening line, quite, my talking points for this evening have been provided to me and fully cleared by the intelligence communitity. what could possibly go wrong. late, qu
romney said jeep was shipping over to china and the one from super pac that seemed to blaine mitt romney. enter rick santorum. >> you than nay shah in the netherlan netherlands, but half the people who are euthanized, it's 10%. half of those people are euthanized involuntarily in hospitals because they're older and sick. and so elderly people in the netherlands don't go to hospital. they go to another country because they're afraid because of budget purposes that they will not come out of...
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Dec 14, 2012
12/12
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CURRENT
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coming in first in china, south korea, then finland and an u.s.a. number 24. math is similar: >> cenk: we're number one. >> now similar story again when it comes to science: >> that in in a's really kicking our ass. >> cenk: that would be another segment. >> cenk: number one. >> now barack obama has been on the record saying really great things about the educational system in south korea. let's take a look. >> our children, listen to this, our children spend over a month less in school than children in south korea every year. that's no way to prepare them for a 21st century economy. >> well, he's right. if you look at the number, south korea spends 220 days a year in class, in the u.s., 180 days per year. in finland it's 190. with south korea and finland you have two opposite ends of the spectrum. turns out both work. we can have a discussion as to what's better, but whatever the u.s. is doing that's not working. when it comes to education funding in korea basically it's the number one in family spending on private education including test preparation. if you
coming in first in china, south korea, then finland and an u.s.a. number 24. math is similar: >> cenk: we're number one. >> now similar story again when it comes to science: >> that in in a's really kicking our ass. >> cenk: that would be another segment. >> cenk: number one. >> now barack obama has been on the record saying really great things about the educational system in south korea. let's take a look. >> our children, listen to this, our children...
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Dec 28, 2012
12/12
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CNBC
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. >> i've been reading kissinger's book on china, but he raises's broader question which is important. unfathomable as it is to americans there are parts of the world where they do not believe in alienable rights, right? they don't believe in human rights in the way that we do. >> exactly. and when we try to impose it on them they consider it a violation of their sovereignty. >> exactly. >> china feels that way often. russia, same thing. how far do we go in promoting human rights? the trade off that we'll get here. the law gets passed and human rights violators in russia can't come year and now 1,000 children don't come to the united states and people who want them don't get them. >> my personal view, no. they're glad to take our money and they've long had to put their money overseas, but they do not want human rights promotion and we've seen that inside russia and we've seen that against the crockdown on the internet and this is just the latest interaction of the series of things going back for more than a year against the political opposition and what they see is the u.s.-sponsored
. >> i've been reading kissinger's book on china, but he raises's broader question which is important. unfathomable as it is to americans there are parts of the world where they do not believe in alienable rights, right? they don't believe in human rights in the way that we do. >> exactly. and when we try to impose it on them they consider it a violation of their sovereignty. >> exactly. >> china feels that way often. russia, same thing. how far do we go in promoting...
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Dec 8, 2012
12/12
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we think it is all about competing with china, but we are competing with other advanced economies. we need to make sure we have some understanding that we are functioning in a global marketplace for manufacturing and marketing. there is work to be done to make sure the tax policy looks to the future and how we grow entrepreneurs. kasich investment in research is also -- basic investment in research is not to be taken lightly. it is medical research. it is research on new energy sources. entrepreneurs come out of these kinds of things where we seem basic research funded by the government that we take for granted. if you keep cutting that, even research and development tax credits -- they benefit companies such as doing it anyway. if we want to do it seriously, we have to say this is something you can count on. >> let me come back to the entitlement issue. the democratic side of the debate. 1969, the federal government keeps track of the total of spending that goes to investment in research and development, infrastructure, education training. in 1969, 31.3% of the federal government
we think it is all about competing with china, but we are competing with other advanced economies. we need to make sure we have some understanding that we are functioning in a global marketplace for manufacturing and marketing. there is work to be done to make sure the tax policy looks to the future and how we grow entrepreneurs. kasich investment in research is also -- basic investment in research is not to be taken lightly. it is medical research. it is research on new energy sources....
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Dec 16, 2012
12/12
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FOXNEWSW
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police in china say the man that was apparently mentally 81 now in custody. >> now the victims in china may have survived, america is coming to terms with the loss of 26 lives as teachers, parents and neighbors struggle to make sense of this senseless crime for themselves as well as the kids who have to return to american school system this week that will likely be forever changed. >> it's being a teacher and having to talk with my kids what was happening while we were watching online unfold. not allowing them to have safety anymore, they should be able to go to school. >> this is horrible, little kids don't know the meaning, they don't know danger. ♪ ♪ hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots c
police in china say the man that was apparently mentally 81 now in custody. >> now the victims in china may have survived, america is coming to terms with the loss of 26 lives as teachers, parents and neighbors struggle to make sense of this senseless crime for themselves as well as the kids who have to return to american school system this week that will likely be forever changed. >> it's being a teacher and having to talk with my kids what was happening while we were watching...
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Dec 20, 2012
12/12
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. >> susie: you do a lot of business in china, and you're very bullish on china. can your business in china offset any during you might have in your business from what goes on in the u.s. economy? >> probably not. i'm bullish in the auto business and the building trades, but that is not going to be enough to offset the fiscal cliff, and we're going to have to manage europe at the same time. >> susie: let's say there is no deal and the u.s. economy really slows down, or as some people say could go into a recession, how are you preparing for that possibility? >> we're trying to make those investments that are strategic, and holding back on our hiring because we don't know the growth rates. we're probably looking at the different ways to reduce our points from a logical standpoint, and we're trying to pull every lever to give us some latitude and leverage. >> susie: what deal would you like to see come out of washington? what would be best for your company? >> probably making certain that the tax increases don't go all the way down to the middle class. i think we've
. >> susie: you do a lot of business in china, and you're very bullish on china. can your business in china offset any during you might have in your business from what goes on in the u.s. economy? >> probably not. i'm bullish in the auto business and the building trades, but that is not going to be enough to offset the fiscal cliff, and we're going to have to manage europe at the same time. >> susie: let's say there is no deal and the u.s. economy really slows down, or as some...
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Dec 29, 2012
12/12
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CNBC
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i mean, can we be tough or russia because they're less important to us than say, china or saudi arabia? >> i think the russians would like us to be tougher. what is quite interesting is that vladimir putin might have stepped out too far on this issue. there are 600,000 orphans in russia right now which is more than they had during the time of world war ii. now, oftentimes the russians and russian public opinion can be quite anti-american except in this case almost 40% of russians actually support the act which when you consider it it's not a majority, but coming from a country that's often anti-american and public opinion that's really significant. >> when putin was signing the thing he said, so what if the living standards in other countries are better than ours? so what? i don't care. should we all move there? he doesn't really care. >> well, actually what he's touching on is another debate, a demographic debate which he is very worried about that many russians, young russians are leaving the country. russia's population is in decline. what president obama should do is stick to his g
i mean, can we be tough or russia because they're less important to us than say, china or saudi arabia? >> i think the russians would like us to be tougher. what is quite interesting is that vladimir putin might have stepped out too far on this issue. there are 600,000 orphans in russia right now which is more than they had during the time of world war ii. now, oftentimes the russians and russian public opinion can be quite anti-american except in this case almost 40% of russians actually...
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Dec 29, 2012
12/12
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WETA
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even china is bumping up against its neighbors and it's striking how little of this was discussed. but the economy always gets in the way of foreign policy. about the only piece to foreign policy that made its way to the campaign is first president obama's often repeated claim that he had taken doubt osama bin laden. and the benghazi. there's a coverup going here. something's wrong. it ended up being the wrangled poor susan rice's poor talking points. but even under that one, there was a bigger picture and a bigger december lesson that we can draw, which is the fighting in libya that produced the attack on the american consulate is part of the very long aftermath of what we used to call the arab spring. john kerry said we shouldn't call it that. it's going to take longer than one spring. and the people who did it were not members of the old al-qaeda. they were an off-shoot. they were inspired by al-qaeda. osama isn't there anymore. and that it's -- and the old al-qaeda probably doesn't have the capability to do 9/11 anymore but the problem of extremism is still out there and we hav
even china is bumping up against its neighbors and it's striking how little of this was discussed. but the economy always gets in the way of foreign policy. about the only piece to foreign policy that made its way to the campaign is first president obama's often repeated claim that he had taken doubt osama bin laden. and the benghazi. there's a coverup going here. something's wrong. it ended up being the wrangled poor susan rice's poor talking points. but even under that one, there was a bigger...
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Dec 10, 2012
12/12
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FBC
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investors took heart from the latest data out of china. growth is accelerating. no more that owning our process here. almost 10%. beating analyst estimates. copper moved higher. it is an industrial metal. money flowing into stocks. minors like numa mining. then, of course, the announcement that they would be taking a big acquisition. today, it is up more than a percent. cliff natural of about 5%. we should not forget mcdonald's. better same-store sales than expected. coming up in just a few minutes. cash is king at ethan allen peered the furniture retailer throwing a lot more cash at shareholders. they are announcing a one-time payout this month alone. we will get the inside story from ethan allen chairman and ceo farooq kathwari. you have to hear about his plans for china. international expansion is a huge priority. the chinese may like that product. for once, the market riding around. let's get right to the floor show. traders at the new york stock exchange, cme and imax. what do you think happens on wednesday? >> i think most traders and the entire street is i
investors took heart from the latest data out of china. growth is accelerating. no more that owning our process here. almost 10%. beating analyst estimates. copper moved higher. it is an industrial metal. money flowing into stocks. minors like numa mining. then, of course, the announcement that they would be taking a big acquisition. today, it is up more than a percent. cliff natural of about 5%. we should not forget mcdonald's. better same-store sales than expected. coming up in just a few...
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Dec 13, 2012
12/12
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CNBC
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china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach to the stocks. if the power gauge is bearish, and it's not bearish on all, but if the power gauge is bearish, i think this is a great place to raise cash. >> we're showing charts and the gauges for tiffany as well as coach and they are very l leveraged to china. >> no doubt. >> the negative power gauge there. there is one stock that you brought with you, mark, that is positive in terms of the power gauge, and that is yahoo!, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly und
china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach to the stocks. if the power gauge is bearish, and it's not bearish on all, but if the power gauge is bearish, i think...
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Dec 11, 2012
12/12
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-china cooperation. a negative scenario would be where the two countries start working at cross purposes with each other and cannot communicate, cannot resolve the problems that exist between them. that would be something we seriously have to be concerned about. >> donald, so, i mean, okay. there is all the talk and maybe mutual interest and cooperation and there's talk about china catching or surpassing the united states as a superpower in the world, whatever that means. when you look at what that's meant for the u.s., you have troops, military bases, tangled up in geo political stuff across the globe. what kind of superpower does china want to be? >> well, china does not in my opinion want to be the kind of superpower that we normally think of in a military and strategic sense when we use that term. actually, the report that just came out said that the u.s. would remain dominant as the leading power in 2030. it was not as if -- it is not if the chinese are seeking or will replace the united states. tha
-china cooperation. a negative scenario would be where the two countries start working at cross purposes with each other and cannot communicate, cannot resolve the problems that exist between them. that would be something we seriously have to be concerned about. >> donald, so, i mean, okay. there is all the talk and maybe mutual interest and cooperation and there's talk about china catching or surpassing the united states as a superpower in the world, whatever that means. when you look at...
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Dec 7, 2012
12/12
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FOXNEWSW
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we could add uncertainty about where china is going to go. the troubling thing about the departure from the labor force of so many people that is offsetting the increment is jobs is that over time, it seems like the percentage of the society that is active in the labor force is stagnant or shrinking. that kicks back to all the problems she is talking about, the entitlement program and so forth, which depend on the active population to support them. >> john: jump to the fiscal cliff. not just to it. charles, i read your column today and you made an interesting point that a lot of people didn't make that you see this is a political move by president obama to fracture the g.o.p. majority of the house, gain himself supreme power. >> well, that is because it's clear that the economic proposals, fiscal proposals won't do anything about debt. it's clear that his pretense that we are going to have to, that you can't get to the tax hikes he wants through rising, through raising the rates, without raising rates, he contradicts himself. he said exactly
we could add uncertainty about where china is going to go. the troubling thing about the departure from the labor force of so many people that is offsetting the increment is jobs is that over time, it seems like the percentage of the society that is active in the labor force is stagnant or shrinking. that kicks back to all the problems she is talking about, the entitlement program and so forth, which depend on the active population to support them. >> john: jump to the fiscal cliff. not...
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Dec 11, 2012
12/12
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greed to take jobs and cheap labor markets so they can get right to work law states in indonesia and china and then made right to work law here. it means it's a gap between the wealth and the workers. workers have a right to expect liberal wages, health care, education care, the right to vote protected, and educate their children. these rights are reasonable and should be enforced. >> reverend jackson, you and i have known each other a long time. did you ever think you would be in michigan leading a protest against right to work? >> i really did not. i think that the tea party has 150-year-old roots between what is -- the right it organize, collective bargaining and states rights. i never thought it would go this far north, and, yet, these workers in this state must fight back and draw a line in the sand. that's why i'm going to address a major one-day strike, maybe a one-day march on washington for massive and action to bring about the ship in the flow of the wind. >> reverend jesse jackson, bob king from the united autoworkers. thank you very much. i know it's a cold day. thanks for join
greed to take jobs and cheap labor markets so they can get right to work law states in indonesia and china and then made right to work law here. it means it's a gap between the wealth and the workers. workers have a right to expect liberal wages, health care, education care, the right to vote protected, and educate their children. these rights are reasonable and should be enforced. >> reverend jackson, you and i have known each other a long time. did you ever think you would be in...
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Dec 27, 2012
12/12
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FBC
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write more miles and take advantage of the airlines double miles on his programs and recently i flew to china just about three weeks ago for the weekend with my wife and other trip out she achieved elite status and on the way back she got tier three. how my family completely upgrade for really the next 14 months when only i could upgrade my daughter before. gerri: i know somebody who used to go to new york and a fake is back and forth to drive miles. >> all sorts of things, credit cards are making offers, airlines making offers for american airlines face with her in the last few months doubling up everybody with elite status already. the bottom line is you have to be a member of a social circle, what i call the flyer talkers, mileage runners, you will find an entire underground community with literally dozens of tips on how to maximize your miles for using miles. there are at least 50 different tips to do a different deal. getting elite travelers to combat the airlines. having trouble with the way things flying has been. gerri: the other thing is to take cheap trips on a whim and i can guess
write more miles and take advantage of the airlines double miles on his programs and recently i flew to china just about three weeks ago for the weekend with my wife and other trip out she achieved elite status and on the way back she got tier three. how my family completely upgrade for really the next 14 months when only i could upgrade my daughter before. gerri: i know somebody who used to go to new york and a fake is back and forth to drive miles. >> all sorts of things, credit cards...
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Dec 23, 2012
12/12
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romney said jeep was shipping american joshs over to jobs over to china and the one from the superpac that seemed to blame bain capital for the death of this workers life. enter, rick santorum. >> euthanasia in the netherlands, but half the people who are euthanized, it's 10%. of all deaths, half of those people are euthanized involuntarily at hospitals so they are older and sick. and so elderly people in the netherlands don't go to hospital. they go to another country because they're afraid because of budget purposes that they will not come out of that hospital. >> don't go trying to track down statistics about involuntary euthanasia in the netherlands. you will find no such facts. now, to harry reid. he made the rounds saying that mitt romney didn't pay taxes for ten years. >> the word is out that he hasn't paid any taxes for ten years. let me him that he has paid taxes, because he hasn't. >> now reid said he got his information from a former bane investor. without any further explanation, he was awarded the maximum number of pinocchios. also u.n. ambassador susan rice has come to t
romney said jeep was shipping american joshs over to jobs over to china and the one from the superpac that seemed to blame bain capital for the death of this workers life. enter, rick santorum. >> euthanasia in the netherlands, but half the people who are euthanized, it's 10%. of all deaths, half of those people are euthanized involuntarily at hospitals so they are older and sick. and so elderly people in the netherlands don't go to hospital. they go to another country because they're...
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Dec 14, 2012
12/12
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CNBC
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china stocks having a bit of a comeback year. in other words, as a global guide, there are options to playing this fiscal cliff game here in new york. >> absolutely. you don't have to just trade the s&p 500. i mean, look at tonight, you're seeing australia up a third of a point. the japanese yen is doing very well. look at hong kong. if you want to take what the federal reserve did and apply it internationally, look at hong kong. their monetary policy is pegged to what the federal reserve does. but they have an inflation issue and their economy is tied to china. so if you buy something like ewh, the hong kong etf, all those stocks are priced in hong kong dollars. if the hong kong dollar is repegged, the ewh will go up as much as the repegging. >> what does that mean for the u.s. market? where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately, as i look to 2013, i
china stocks having a bit of a comeback year. in other words, as a global guide, there are options to playing this fiscal cliff game here in new york. >> absolutely. you don't have to just trade the s&p 500. i mean, look at tonight, you're seeing australia up a third of a point. the japanese yen is doing very well. look at hong kong. if you want to take what the federal reserve did and apply it internationally, look at hong kong. their monetary policy is pegged to what the federal...
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Dec 3, 2012
12/12
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CNBC
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china has experienced slowing growth over the past seven quarters. fast or fiction the chinese economy is picking up at this point. tim, what do you say to this? >> fast. >> fact. >> i'm going to call this a fast because i do agree that they have turned the corner on the industrial side and the manufacturing side and the consumer side. housing prices have ticked up. our friend dave does a consumer survey that i think is very accurate and it goes to the more organic growth side and i think the consumer has turned. remember the shanghai comp is not the chinese economy. if you look at technical indicators there are guying screening the table. i do think china looks very interesting for a lot of people. >> i think people at home are going to start thinking to themselves what happened to yum brands. >> so did tiffany. >> why the disconnect here? >> you have to understand that yum has a couple of specific issues. yum is not the only guy out there. >> it is the biggest guy out there. >> i think when you have competition and their comps were significantly hi
china has experienced slowing growth over the past seven quarters. fast or fiction the chinese economy is picking up at this point. tim, what do you say to this? >> fast. >> fact. >> i'm going to call this a fast because i do agree that they have turned the corner on the industrial side and the manufacturing side and the consumer side. housing prices have ticked up. our friend dave does a consumer survey that i think is very accurate and it goes to the more organic growth side...
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Dec 22, 2012
12/12
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KICU
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. >> reporter: his mother come from china to help take care of his son. a strong, loving mother whom he and so many people loved. >> i would do anything to get her back. >> reporter: he says several witnesses helped them and he hopes they contact police. live in san francisco, ktvu channel 2 news. >>> chevron is moving 800 jobs from the bay area to houston, texas. it involve as quarter of the staff in headquarters. the jobs are scheduled to leave between now and 2015. chevron is california's largest corporation. >>> the state unemployment dropped. a report shows the rate fell to 9.8%. the report shows the labor force grew by 34,000 people in november. that number includes the employed and those looking for jobs. >>> president obama is spending the holidays in hawaii. they boarded air force one tonight to head to his home state. but not before president obama acknowledged that no deal has been made to avoid the fiscal cliff. coming up, the president's message to congress today in hopes of avoiding tax hikes and spending cuts. >>> different solution to gun
. >> reporter: his mother come from china to help take care of his son. a strong, loving mother whom he and so many people loved. >> i would do anything to get her back. >> reporter: he says several witnesses helped them and he hopes they contact police. live in san francisco, ktvu channel 2 news. >>> chevron is moving 800 jobs from the bay area to houston, texas. it involve as quarter of the staff in headquarters. the jobs are scheduled to leave between now and 2015....
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Dec 22, 2012
12/12
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KTVU
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. >> reporter: his mother come from china to help take care of his son. a strong, loving mother whom he and so many people loved. >> i would do anything to get her back. >> reporter: he says several witnesses helped them and he hopes they contact police. live in san francisco, ktvu channel 2 news. >>> chevron is moving 800 jobs from the bay area to houston, texas. it involve as quarter of the staff in headquarters. the jobs are scheduled to leave between now and 2015. chevron is california's largest corporation. >>> the state unemployment dropped. a report shows the rate fell to 9.8%. the report shows the labor force grew by 34,000 people in november. that number includes the employed and those looking for jobs. >>> president obama is spending the holidays in hawaii. they boarded air force one tonight to head to his home state. but not before president obama acknowledged that no deal has been made to avoid the fiscal cliff. coming up, the president's message to congress today in hopes of avoiding tax hikes and spending cuts. >>> different solution to gun
. >> reporter: his mother come from china to help take care of his son. a strong, loving mother whom he and so many people loved. >> i would do anything to get her back. >> reporter: he says several witnesses helped them and he hopes they contact police. live in san francisco, ktvu channel 2 news. >>> chevron is moving 800 jobs from the bay area to houston, texas. it involve as quarter of the staff in headquarters. the jobs are scheduled to leave between now and 2015....
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Dec 28, 2012
12/12
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MSNBCW
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things like europe, the european debt crisis, things like our fiscal cliff crisis, a slowdown in china. this is how stocks are moving right now. it's no longer how many cannes of coke did we sell last quarter. it's really tied to this so it matters more than before. they're panicking and starteding to see it. look no further than the consumer confidence number dropping, the retail sales. ge has blamed some poorer results this past quarter on lack of investment. you know, honeywell is seeing the pain. they're not filling empty positions. it's already -- it has been starting to affect companies for probably, you know, at least the past quarter already. >> okay. thank you, joy, and thank you leigh. remember, president obama is going to make a statement on the fiscal cliff talks at 5:45 eastern time and msnbc will provide live coverage. until then, chris matthews is up next with the best "sideshow" moments of the year and the nra's best excuses for standing in the way of any and all reasonable restrictions on guns. this is "hardball," the place for politics. to the best vacation spot on ea
things like europe, the european debt crisis, things like our fiscal cliff crisis, a slowdown in china. this is how stocks are moving right now. it's no longer how many cannes of coke did we sell last quarter. it's really tied to this so it matters more than before. they're panicking and starteding to see it. look no further than the consumer confidence number dropping, the retail sales. ge has blamed some poorer results this past quarter on lack of investment. you know, honeywell is seeing the...
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Dec 27, 2012
12/12
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CNNW
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> china. >> china. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over.er t market. low price bottomed out set off a building and buying spree. they ended up buying entire neighborhoods but first-time buyers were able to get a home for the first time in years as long as they had a hefty down payment. >> number two. >> cnn predicts president obama will be elected president of the united states sniet was more about socialism and capitalism, spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming but didn't bother to pay any attention to coming and didn't bother to pay any attention until after the election. had they dealt with it earlier, who knows how strong the u.s. economy would be right now. tyeah, its the galaxy note ii.re great. you can do two things a
> china. >> china. >> china. >> china getting more than a few mentions during the presidential campaign probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over.er t market. low price bottomed out set off a building and buying spree. they ended up buying entire neighborhoods but first-time buyers were able to...
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Dec 13, 2012
12/12
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CURRENT
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cenk: oh, my god, they're moving all the jeep jobs to china. then the ceo put out a statement. i feel obliged to state our position. jeep production will not be used tofrom the united states to children. it is inaccurate to suggest anything different. they knew it wasn't true, and even after this statement mitt romney kept saying over and over again, they're going to move all the jeep jobs to china. can you believe it? so that wound up being lie of the year for political fact. they asked readers to pick out the top lies of the year. the top five. here's the first one. >> what we now have is the biggest tax increase in the history of the world. obama-care is just a massive tax increase. that's all it is. >> cenk: that's awesome. the biggest tax increase in the history of the world. now the reeders picked that number one biggest lie now number two was this one. >> if you got a business, you didn't build that, somebody else made that happen. >> my father's hands didn't build this company? my hands didn't build this company? >> through hard work an
cenk: oh, my god, they're moving all the jeep jobs to china. then the ceo put out a statement. i feel obliged to state our position. jeep production will not be used tofrom the united states to children. it is inaccurate to suggest anything different. they knew it wasn't true, and even after this statement mitt romney kept saying over and over again, they're going to move all the jeep jobs to china. can you believe it? so that wound up being lie of the year for political fact. they asked...